US software giant Salesforce to open AI centre in London | Maldon ...
US software giant Salesforce has unveiled its plans to establish an Artificial Intelligence (AI) center in London, as part of its commitment to invest four billion dollars (£3.1bn) in AI technologies within the UK over the next five years. This initiative aims to foster innovation and collaboration within the AI sector.
The new AI center, located in the Blue Fin Building in Southwark, south London, will serve as a hub for bringing together industry experts and businesses to drive advancements in AI technology. Salesforce, based in San Francisco, is renowned for its customer relationship management software and is poised to channel substantial investments into the field of artificial intelligence as the technology continues to grow in significance in our daily lives.
Driving Growth Through AI
Salesforce's move underscores the significant growth potential that AI offers to businesses in the UK. The UK AI market is forecasted to exceed one trillion dollars by 2035, presenting a lucrative opportunity for companies to leverage this transformative technology.
Zahra Bahrololoumi, the CEO of Salesforce UK and Ireland, expressed, "AI has the potential to drive major growth for UK businesses. By establishing Salesforce's inaugural AI center in London, we are demonstrating our unwavering commitment to collaborate closely with our customers and partners to ensure they can fully benefit from this revolutionary technology in an ethical manner."
London: An AI Business Hub
Howard Dawber, Deputy Mayor of London for Business and Growth, lauded the decision by Salesforce to inaugurate its pioneering UK AI center in London, acknowledging the city's emergence as a key hub for AI businesses globally. This strategic move by Salesforce is aligned with London's efforts to nurture innovation and foster economic growth, providing training opportunities for its residents and bolstering the city's economy for a more inclusive future.
The announcement coincides with the commencement of London Tech Week on June 10, an annual event that showcases London and the broader UK as prominent technology hubs. Janet Coyle, Managing Director of Grow London at London and Partners, commended Salesforce's decision to establish an AI center in London as a testament to the city's commitment to embracing cutting-edge technologies like AI.
Research indicates that London is making significant strides in AI development, aiming to become a leading destination for AI research in Europe. The city's supportive ecosystem for AI innovation has garnered praise from decision-makers in the AI industry, positioning London as a favorable location for AI development compared to other major AI hubs.
